Netflix announces that it has broken a record in the number of users

During the last period, which witnessed the beginning of the Covid 19 virus epidemic, many technical fields have benefited from the quarantine situation that forced many people to stay at home for long periods, and among these technical fields there is e-commerce in addition to chat applications, but so was Netflix is ​​one of the beneficiaries

Netflix, in turn, revealed the significant increase in the number of users of its platform during the year 2020, which the nine months of which witnessed the emergence and spread of the Covid 19 virus, as the number of users of the streaming and video-on-demand platform exceeded the symbolic ceiling of 200 million users around the world, and that Despite the piracy that the platform's business is exposed to

Netflix says that the number of its users reached 20366 million users, which allowed the company's transactions value to rise to $ 664 billion during the last quarter of 2020, an increase of 215 percent over the same period of the year Before the past 2019, while the total number of the company's transactions during the year 2020 in total reached more than 25 billion US dollars

The raw profit rose to 276 billion US dollars, up 48 percent from last year, and these figures come in light of intense competition between Netflix and new platforms such as Disney Plus in addition to the HBO Max platform